biden. more on the rally tomorrow. we re also watching what s happening on wall street. stocks are trying to bounce back in its first 50 minutes of trading. the trade war sent the dow into a dive yesterday but the big board is showing it s up about 50 points, at least at this point. that s after china announced plans to retaliate against the united states. msnbc s david is live with the new york stock exchange. explain why the market is concerned about this potential escalating trade war? there s a lot less anxiety there was. the big dow up about a quarter. it was up higher this morning. when you go back to the length back in 2016, you remember how on lebs fight we saw a deep dive in the markets as the votes came in.